Which statement regarding fees by full-service brokers is not true?
A) Commissions vary by product.
B) The more complicated the transaction, the higher the commission.
C) The commission on many bonds is already built into the trade.
D) There is no commission on U.S. Treasury securities.

Question

Quizplus · Accepted Answer

Full-service brokers typically charge a commission on U.S. Treasury securities, although it may be lower than for other securities.

Which Statement Regarding Fees by Full-Service Brokers Is Not True